₦airaland Forum

Good thing your picture is on your profile so I can know what to do if I see you in person

YerYer:
Looks like I got in late, but I only have a small position In it. If they win a $6billion contract, that will be 4 X their market cap, I can't even imagine what that would do to the stock price!

It seems to be consolidating now, looking for further stimulus. It could be like nvax lol if usps chooses them

Anyone seeing jumia? These guys should have invested in NSE na but they know The cashout they’ll get from yankee exchange, 38% in a day

GonFreecss1:
Hahahahahahaha!

Chai! I wan dey weep for them sef.

E no better to hide your money under bunker, 5 years 100,000 would become 25,000

fxuser:
Nge ETF Top 10 holdings

Dangem
Nestle
Gtb
Zenith
MTN
FBN
UBA
STANBIC
CASH lol
FLOURMILL


link:
https://www.globalxetfs.com/funds/nge/

#RandomCheck

This etf na erosion of wealth lol

arduino:
Am buying because I think the coming US election campaign will boost H2 ads revenue.

That’s true, smart one and with people protesting against Facebook, they could benefit too

arduino:
Thanks.
With its level of cash reserve, I don't know what is keeping it @ sub $50.

I think they’re not innovative that’s why, they have cash but are not aggressive in growth. Tech firms are in everything now, Facebook have plenty subsidiaries, Amazon too. They acquired periscope tho, that was a good one but they still don’t get as much ads as Facebook and posted a loss last quarter

YerYer:
You are right bro. I see you suggested Workhorse (WKHS), me sef don join that train o

I want to hop on too, it was so oversold. I was actually in it but bought a bit high, na stop loss save my portfolio I might just buy long calls. Heard they’re bidding for a $6 billion usps contract this month

onegentleguy:
I suspect PFAs are keying into MTN following the NSE' recent revision and amendment to the pension index.
A little more freedom... good stead !!

#Hold

don't you think the next support for mtn is around 111 if this one is broken

OakPearl:
Am doing the same.
You can't go wrong on those stocks long term.

Microsoft is beginning to be more innovative and not behave like it has seen it all. I bought my first tranch at $181.33 on May 29th this year.

Apple remains a goldmine waiting to be celebrated. I bought my first tranch at $299.98 on February 25th this year.
Do you know that Google pays Apple about $8 billion every year to be the default search engine on iPhones and other Apple devices?

I feel Microsoft is undervalued, 10b profit in q1 from 35b revenue, nice profit margin... the highest among the big boys, their fingers are in many pies and very diversified unlike say Netflix. These big boys have different ways of making cash, just found out LinkedIn was under Microsoft

akinssan:
There is room for P&.....JIJO tinz...

Advanced jijo I managed to catch a 50% runner yesterday, immediately I sold I checked and saw it had dropped 30%

OakPearl:
Na their way.
Lolz @aggressively reversed.
I hope innocent people don't get caught in the cross-fire though.

It would still reverse tho as EVs are in a bubble now but it’s people that bought at the absolute top and got scared and sold that I pity, they dashed their money to the market

GonFreecss1:
We will all be here na.

It is far easier to hold Tesla than for me to short-sell it because of the losses I will incur based on the said people I mentioned, people who hold Tesla? Can you mention them let us hear and show us their other financial investment success?

There is a proven fact, and it’s that people who ignore basic accounting principles pay dearly for it. At least those left holding the Kaya.

You say growth stock? What is Apple and Co? Last I checked Apple had a dividend yield of like 1%, with a P/E ratio of 28.

Which profit are we even talking about sef? Lol. What will the profit do for the accumulated issues in the financial statement?

Vanguard owned 4% as at last quarter, they obviously bought at a good price tho.

GonFreecss1:
Bill Ackman tried to short an MLM company called “HerbaLife”, he lost close to 1 billion USD. Doesn’t mean he was wrong to try.

The thing to remember though is that the stock market can stay wrong longer than you can stay solvent. So shorting Tesla will most probably be foolish, but I can’t base my investment analogy on the idea that people will keep pushing the price up because of future prospects. Just look at something as speculative as “Bitc01n”. Same problem.

Sometimes short-sellers made wins on Tesla and other times they lost and now they are loosing badly, but let me just say this, when I remember how people bought and made shares of the company called “Hertz” that was bankrupt and had negative shareholder equity, to rise up to the extent that the company were like gee... why don’t we make more shares, and sell to these retail investors so we pay people we owe (their bond was trading at 40 cents on the dollar, that’s how bad things were)... if that kind of thing could happen in this market, I can certainly see in the future that this rally will end in tears...

And there is a high probability that for those who bought “Tesla” at over 500 USD, it will most definitely end in very painful tears.

Well like they say Bulls make money, Bears make money and pigs get slaughtered. Analysts were yelling Amazon is overpriced years ago but of course it would still face reversals.

akinssan:
Need the bolded seriously...

Most are pump and dumps however, the three of them have aggressively reversed.

OakPearl:
Your picks are solid.
You see that Apple? It is another "time bomb" waiting to explode into the $1,000 region.
People no go see am now, or them fit think say e too cost.
I have responded to your NIO enquiry earlier. They are utilizing their $1bn facility very well and sales are doing great. Q3 report will make it fly.
BUY sir.

Apple and Microsoft are on my list of stocks I want to buy and leave forever, what do you think oak pearl?

YerYer:
I no understand this Postmates deal o. I thought they already have Ubereats, maybe this is so they can have a monopoly over the food delivery space? I guess they should thrive in this pandemic considering so many people are ordering food online.

Its probably as a result of competition in that space from the likes of grubhub and door dash. Uber, door dash and grubhub are the 3 biggest food delivery companies, uber initially wanted to buy grubhub to consolidate but it wasn’t successful.

Isn’t this a triple bottom for Aiico

GonFreecss1:
Tesla is still a company that has debt and can fail if push comes to shove. There is a reason Warren Buffet is still there and people like “Masayoshi Son“ of Soft Bank is now seen as a pariah.

Why? Look at his recent calls especially the problems with WeWork.

Ignore basic accounting principles at your own peril. Tesla has a P/E ratio of over 7,000 at it’s current price. I don’t need to talk about anything else...

Apple has a P/E ratio of 28.

Also majority who invest in Tesla, many of them invest in crypt0 too, majorly retail investors who are geeks and like cool things and to them an Electric car is a cool thing, but the accounting of it is not. I like Elon Musk, but Tesla stock has a high chance of ending in tears for many.

Short sellers have been talking about Tesla right from time that it would fall for years, and most are millions of dollars in debt. Elon Musk even tweeted that the share price of Tesla is too high, I believe investors are pricing in the future potential of Tesla tho, it’s a whole new industry and also fear of missing out is also playing a role. This is why Tesla stock is unlikely to fall.

sonnie10:
Good idea. However the leading companies in these sectors are not penny stocks. One of them is Telsa in EV and Lithium. In 5G there is Qualcomm which is also not a penny stock.
In my opinion, opportunities are not always very obvious. When Amazon was a penny stock years ago, I saw them as a company just selling used books. Their business model was not that appealing, but it turned out to be a hidden gem.
Don't be suprise if the next big thing comes from companies that are into Organic foods.

I’m mostly interested in penny stocks because of the huge returns they can provide although they are quite volatile. They are EV penny stocks and the EV sector is hot now. Workhorse an EV truck manufacturer that plans to win a contract to supply UPS with trucks recently rose from $3 to nearly $20 although I won’t advise getting into it as it seems over valued now. Some other penny stocks in the EV sector to conduct research on are SOLO which makes little EV cars although I don’t like the vehicles because they’re quite ugly but it has potential... Bill Gates and Warren Buffet were seen riding it. AYRO: makes WV club cars for golf courses, universities, airports and other short distances and NIO although it isn’t a penny stick and it has connections to China so I’ll watch how that can affect the value

Ev sector hot today because it tesla sales record, SOLO +34% AYRO NIO WKHS

gamaliel9:
PLEASE WHO HAS THAT TWITTER LINK WHERE GUYS BUY PUMP UP PENNY STOCKS LIKE HELL

THIS MARKET IS NOT FOR THE LILLY LIVER...TODAY GREEN..TOMORROW RED

BE CAREFUL OO... I AM A DIVIDEND INVESTOR...JUST USING 10% OF MY PORTFOLIO TO PLAY

Follow @Yatesinvesting @Timothyskyes

Trump pumping the market

4Play:
I think the Fed was crucial in stopping and reversing that initial plunge in March. But from here on, there has to be positive news flow re the pandemic and or the economy for the market to resume its upward climb otherwise we will just go sideways for the foreseeable future or resume the journey lower. All the talks of a second wave and disappointing economic data from China are not helping.

All the pandemic news has been priced in in my view. Bad q1 and q2 has also been priced in. Only terrible pandemic news can make markets crash and it would probably not be as brutal as March. March was unprecedented because of the uncertainty, now the virus is well known.
Steve Mnunchin has already stated clearly that there wouldn’t be another lockdown, Trump also wouldn’t allow it.
I’m hoping the Feds saying they would buy bonds yesterday would boost markets today. Futures are looking good so far.

thesilentone:
''Last Thursday was the biggest drop in the market since March as the old guard of traders became worried about a second wave of the pandemic and doubts abounded about a speedy V-shaped recovery.

The new guard of traders fought back on Friday, pushing stocks up higher.

The battle between the two market forces is getting vicious as moves are coming quickly and forcefully.

It looks like somebody is going to take a beating. A bearish fall will hit the get-rich-quick crowd very hard and a flying bull market will ruin major portfolios and make seasoned veterans' heads explode.

The verdict looks to be coming soon.''


A perspective as per last week's trading. Make sure you're positioned on the right side of the trades.

You forgot a major party. The Fed.

gamaliel9:
I think he makes sense some of the time. Like when he was telling investors to buy stay at home stocks since late february till present time too...all
those stocks are in green. Secondly his own covid19 portfolio is even doing very very well. In all, those who followed him this period made money.

I listen to him though because he has a lot of listeners and use it to get a sense of sentiment in the market

afroxyz:
Cramer says investors are taking advantage of 'amateur' traders by bidding up the price of beat down stocks (such as airlines) in pre-market.

Is this a psychological game or a tip

Lol who listens to Jim Cramer? The guy is a boomer and constantly misses the fact. In the height of the dot com bubble, he encouraged listeners to buy overvalued tech companies and they all bust after the crash. After the Great Recession he also said everyone should pull money out of the stock market and the bull run in the stock market continued till 2020.

He was still recommending bank stocks a day before the crash when it was obvious they were failing https://www.erictyson.com/articles/20080922#.XuYKYCQo_YU

The best strategy is actually to do the exact opposite of what he says.

Skymoore1004:
Reverse as in fall back or rise?

Fall back

Skymoore1004:
What do you mean?

The market is green today but there are still a lot of shorts and people generally take profit into the weekend so prices may reverse

Today might be a dead cat bounce, people be careful

Drenimarcus:
True, his sister Loaned him $500 to put in it also, I deh pray make we no jam like this

Ah, well depends on what he invested in

Weak hands would be shaken out